lenderpanel

Find a Conwy Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Conwy? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Conwy conveyancing at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Conwy conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Conwy

We are acquiring our first house. The conveyancing practitioner has messagedto check if we wish to order additional conveyancing searches. We are really unsure what's necessary for conveyancing in Conwy

The scope of Conwy conveyancing searches depends entirely on the property, the location, the possibility of any of these risks, your knowledge of the locality and risks, your overall appetite to risk. What is important is that you properly understand what information each search could give you. Then you can make a decision if you personally think you need that search. Where you are unsure, ask your conveyancer to explain.

Are the Conwy conveyancing solicitors identified as being on the Aldermore conveyancing panel, together with their details provided by Aldermore?

Conwy conveyancing firms themselves provide us confirmation that they are on the Aldermore conveyancing panel as opposed to being supplied with a list from Aldermore directly.

What will a local search reveal about the property I am buying in Conwy?

Conwy conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search company such as Searches UK The local search is essential in every Conwy conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your new home. The search should reveal data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.

About to purchase a new build apartment in Conwy. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Conwy

    If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. There must be mutual enforceability of lessee’s covenants. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

I have been on the look out for a ground for flat up to £305k and identified one round the corner in Conwy I like with a park and station in the vicinity, the downside is that it's only got 61 remaining years left on the lease. There is not much else in Conwy for this price, so just wondered if I would be making a grave error buying a short lease?

Should you require a mortgage the remaining unexpired lease term will be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.

Last updated

Find out more about how flying freehold can affect your the value of a property.